Kelington Group Berhad through its wholly owned subsidiary Kelington Engineering (S) Pte. Ltd., announced that it has accepted a Letter of Award worth USD105.0 million (approximately RM413.7 million, based on an exchange rate of USD1:RM3.94) to deliver a turnkey solution for a gas distribution system project (“Works”) for a semiconductor wafer fabrication facility in Gujarat, India.
The LOA was awarded by a leading semiconductor manufacturer in India and involves the delivery of a comprehensive gas distribution system as part of the Project’s mission-critical infrastructure. Semiconductor fabrication processes require a continuous and highly controlled supply of ultra-high purity gases to ensure precision, yield and operational reliability. Works will commence immediately and are scheduled for completion by July 2028.
Lim Seng Chuan, Chief Executive Officer of Kelington Group Berhad said, “The Project is India’s first pure play semiconductor foundry, backed by strong government capital funding and support, including commitments to ensure reliable infrastructure such as power and water supply. These factors provide a strong foundation for the successful execution and delivery of the Project.”
In addition to the USD105.0 million LOA, the Group had earlier secured a purchase order (“PO”) for the supply of gas distribution system gas purifiers, worth USD10.4 million (approximately RM41.0 million) for the same facility, which brings the total contract wins to USD115.4 million (approximately RM455.0 million) for this facility.
The Group has also secured three Letters of Intent (“LOI”) amounting to USD17.0 million (approximately RM67.1 million) for additional scope at the same facility, with final terms and conditions currently being formalised, further expanding the Group’s potential participation in the development.
Year to date, the Group has secured new contracts totalling approximately RM555 million. Together with its outstanding orderbook of RM1.4 billion as at 31 December 2025, this provides strong earnings visibility in the coming years.
